Consider five depreciation schedules: They are based on the same initial cost, useful life, and salvage value

Question:

Consider five depreciation schedules:

Year A B D $323.3 $212.0 $424.0 $194.0 $107.0 2 258.7 339.2 254.4 194.0 216.0 3 194.0 203.5 152.6 194.0 324.0 129.3 4 12

They are based on the same initial cost, useful life, and salvage value. Identify each schedule as one of the following Straight-line depreciation. .Sum-of-years' -digits depreciation 150% declining balance depreciation Double declining balance depreciation Unit-of-production depreciation Modified accelerated cost recovery system.

Depreciation
Depreciation is an important concept in accounting. By definition, depreciation is the wear and tear in the value of a noncurrent asset over its useful life. In simple words, depreciation is the cost of operating a noncurrent asset producing... Salvage Value
Salvage value is the estimated book value of an asset after depreciation is complete, based on what a company expects to receive in exchange for the asset at the end of its useful life. As such, an asset’s estimated salvage value is an important...